15, THE RHYMES, HEMEL HEMPSTEAD, HP1 3JR - £433,000

15 THE RHYMES is a very small extended detached house of 91m², built sometime between 1991 and 1995. It was last sold for £433,000 in August 2015, which was around 38% below the average August 2015 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

15 THE RHYMES Sold Prices

Land registry data shows three sales for 15 THE RHYMES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 15 THE RHYMES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 21 AUG	£433,000	£699,726	38% below HPI
2007 2 JUL	£337,000	£508,320	34% below HPI
1997 18 JUN	£143,450	£181,023	21% below HPI

15 THE RHYMES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The three 15 THE RHYMES sales between June 1997 and August 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 15 THE RHYMES?

15 THE RHYMES is 91m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hemel Hempstead, and where 15 THE RHYMES lies on this distribution: 12% of detached houses are smaller than 15 THE RHYMES, and 87% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

15 THE RHYMES: Plot and Title Map

15 THE RHYMES sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 15 THE RHYMES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 THE RHYMES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 THE RHYMES?

15 THE RHYMES is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 15 on THE RHYMES.